Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Macron's airforce uniform draws Tom Cruise comparisons

Read more

THE DEBATE

Polish democracy under threat: EU warns Warsaw over judicial independence

Read more

PEOPLE & PROFIT

Game of Thrones and TV's golden age

Read more

ENCORE!

The best of the summer's exhibitions in Paris

Read more

INSIDE THE AMERICAS

Game of Thrones returns: Mega fans bask in themed pop-up bar

Read more

FOCUS

Unwanted children: 3,800 babies abandoned in South Africa every year

Read more

THE INTERVIEW

'Looking for Lenin': The search for fallen Soviet statues in Ukraine

Read more

IN THE PAPERS

From footballer to inmate: Will OJ Simpson be released?

Read more

BUSINESS DAILY

Time to taper? ECB governing council meets in Frankfurt

Read more

Americas

US Senate votes to block Democrats' debt proposal

Latest update : 2011-07-31

Senate Republicans on Sunday blocked a Democratic proposal on raising the debt ceiling put forward by majority leader Harry Reid (pictured) even as lawmakers were reportedly close to a bipartisan deal ahead of a looming August 2 deadline.

REUTERS - The U.S. Senate defeated a Democratic proposal to raise the debt ceiling on Sunday as lawmakers closed in on a deal that would be acceptable to both parties.

By a vote of 50 to 49, Senate Majority Leader Harry Reid's plan fell short of the 60 votes needed to advance in the 100-member body.

Elements of Reid's plan are likely to surface in the bipartisan deal which could be completed this afternoon. The Senate is poised to move quickly once that deal is reached.

"The arrangement that is being worked on with the Republican leader and the administration and others, is not there yet," Reid said on the Senate floor after the vote. "We're hopeful and confident it can be done."

Reid told lawmakers not to wander too far from the Capitol in case he calls another vote.

Major holders of US debt
© Chart courtesy AFP

"I would not suggest a ballgame," he said.

Under normal Senate rules, a final vote on any deal could be delayed until Wednesday, one day past the deadline set by the Treasury Department to ensure the United States does not default on its obligations.

But any deal could include provisions to ensure that Congress acts before then, a Democratic aide said.
 

FOLLOW THE US DEBT IN REAL TIME

Date created : 2011-07-31

  • USA

    Republican leader says deal on debt is 'very close'

    Read more

  • USA

    US Congress deadlocked amid pleas for compromise

    Read more

  • USA

    Republicans to amend stalled US debt bill

    Read more

COMMENT(S)